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District outlines FY26 budget assumptions; projects modest positive balance amid revenue uncertainty
Summary
Superintendent and finance staff presented initial FY26 budget assumptions: a projected $400,000 decline in tax revenue, conservative cuts to evidence-based funding, a $750,000 placeholder for curriculum adoption and an estimated $800,000 positive position before uncertain items; board will receive monthly updates.
Round Lake Area School District staff presented the board with the administration’s first look at assumptions for the fiscal 2026 budget during the Jan. 27 meeting.
Dr. Mendoza and finance staff said the district is projecting about a $400,000 decrease in tax revenue for FY26 tied to levy limits (the district noted Illinois levy rules limit increases to the lesser of 5% or CPI). The presentation said evidence‑based funding (EBF) is uncertain; staff built a conservative reduction into the draft, citing a roughly $500,000…
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